“History doesn’t repeat itself, but it often rhymes” — Mark Twain  One of...

Warren Buffett discussed the folly of backward-looking investing during the “Nifty Fifty”...

Since I wrote about the Stockdale Paradox in the May issue of...

Any investor thinking about giving up on large and small value stocks...

I was in high school during the 1973-1974 economic recession. OPEC, crazy...

We have experienced one of the most feared risks of stock investing:...

Last month, I discussed a set of principles that form the foundation...

Warren Buffett would love Equius if he knew about us. Yes, the...

Sitting at our desks in November 2018, we could only marvel at...

The S&P 500 index has delivered a wonderful gift to investors this...

To further enhance our perspective on long-term expected returns and the effect...

The S&P 500 Index has risen 405% since March 2009 and is...

It’s always something!   —Roseanne Rosannadanna For over 38 years, from January...

I ended last month’s article on performance expectations by asking the question,...

Last year was challenging for investors. The broad stock market averages—the S&P...

John C. “Jack” Bogle, the founder and former chairman of the Vanguard...

During our traditional period of family gatherings, parties with friends, religious celebrations,...

As I pointed out in last month’s Asset Class, raw intelligence alone...

It is not enough to have a good mind; the main thing...

Our industry has a long and persistent habit of characterizing up and...